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Thursday broker round-up UPDATE

Thu, 17th Jan 2013 07:19

African Barrick Gold: Westhouse Securities reduces target price from 335p to 305p, while its sell recommendation is unchanged.Anglo American: Exane cuts target price from 2000p to 1650p and downgrades from neutral to underperform.Antofagasta: Exane ups target price from 1400p to 1500p keeping an outperform rating.Aquarius Platinum: Exane shifts target price from 50p to 55p, while retaining a neutral rating.Asos: Seymour Pierce increases target price from 2350p to 2500p, while its hold recommendation is kept.Associated British Foods: Panmure Gordon raises target price from 1450p to 1670p, while staying with its hold recommendation.Barratt Developments: UBS ups target price from 210p to 250p retaining its buy rating.BHP Billiton: Exane takes target price from 1800p to 2000p, while the neutral rating is maintained.Brown N Group: Oriel Securities upgrades to buy with its target price still at 420p.Burberry Group: Alphavalue increases target price from 1194p to 1198.80p and downgrades to sell.Cable & Wireless Communications: Alphavalue shifts target price from 46.40p to 46.50p and upgrades to buy.Cineworld: Panmure Gordon moves target price from 229p to 238p and maintains a sell recommendation.Diploma: Jefferies raises target price from 520p to 615p and reiterates a buy recommendation. Espirito Santo increases target price from 481p to 604p keeping a buy rating.Dixons Retail: Alphavalue shifts target price from 29.40p to 29.30p and upgrades to add.Drax Group: RBC Capital upgrades to outperform.easyJet: Alphavalue moves target price from 741.90p to 742.10p and downgrades to reduce.Experian: Jefferies increases target price from 1150p to 1200p and upgrades from hold to buy.Faroe Petroleum: Panmure Gordon cuts target price from 205p to 200p and still recommends to buy.Fenner: Credit Suisse raises target price from 345p to 400p retaining a neutral rating.First Quantum Minerals: Exane moves target price from 1350p to 1470p and keeps a neutral rating.French Connection Group: Oriel Securities downgrades to hold with its target price still at 30p.Genel Energy: Liberum Capital initiates with a hold recommendation and a target price of 850p.Glencore: Exane raises target price from 370p to 400p, while its neutral rating remains unchanged.Halma: Credit Suisse shifts target price from 455p to 510p, while reiterating an outperform rating.Home Retail Group: Seymour Pierce ups target price from 70p to 115p and upgrades from sell to hold. Bank of America increases target price from 130p to 155p keeping a buy recommendation.IMI: Credit Suisse moves target price from 860p to 1460p and upgrades to outperform.Invensys: Credit Suisse takes target price from 220p to 368p, while its neutral rating is not changed.Kazakhmys: Exane ups target price from 480p tu 620p retaining an underperform rating.Melrose: Credit Suisse raises target price from 220p to 245p, while its neutral rating is reiterated.New World Resources: Exane lowers target price from 270p to 230p and downgrades to underperform.Pearson: Societe Generale increases target price from 1020p to 1090p, but still recommends to sell.Reed Elsevier: Societe Generale raises target price from 690p to 750p, while its buy recommendation is reiterated.Renishaw: Credit Suisse ups target price from 1530p to 1985p, while the neutral rating remains unchanged.Rio Tinto: Morgan Stanley takes target price from 3450p to 3710p and downgrades to equal-weight. Exane ups target price from 4450p to 4900p keeping an outperform rating. Citigroup moves target price from 3300p to 4000p and leaves its buy recommendation unchanged.Rotork: Credit Suisse upgrades its target price from 2430p to 2780p, while the outperform rating is kept.SAB Miller: Macquarie upgrades from neutral to outperform.SDL: Panmure Gordon cuts target price from 538p to 524p maintaining a hold rating.Senior: Credit Suisse raises target price from 210p to 260p upgrading from neutral to outperform.Spectris: Credit Suisse takes target price from 2075p to 2370p and stays with an outperform rating.Spirax-Sarco-Engineering: Credit Suisse increases target price from 1950p to 2340p reiterating a neutral rating.Stobart Group: Investec reduces target price from 150p to 130p and retains a buy recommendation.Tate & Lyle: Credit Suisse ups target price from 750p to 845p reiterating an outperform rating.TUI Travel: Morgan Stanley upgrades from underweight to equal-weight keeping its target price of 250p. Exane cuts target price from 300p to 280p and downgrades from neutral to underperform. Nomura starts with a target price of 168p and a neutral rating.UBM: UBS lowers target price from 720p to 700p keeping its neutral rating.Vesuvius: Credit Suisse starts with a target price of 400p and a neutral rating.Weir Group: Credit Suisse ups target price from 1815p to 1970p, while its neutral rating is kept.Wetherspoon JD: Morgan Stanley reduces target price from 560p to 540p, while its equal-weight rating remains unchanged.WPP Group: Societe Generale increases target price from 970p to 1110p maintaining a buy rating.Xcite Energy: Merchant Securities initiates with a target price of 167.8p and a buy recommendation.Xstrata: Exane takes target price from 1150p to 1050p and downgrades from outperform to neutral.
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(ShareCast News) - Greatland Gold's non-executive chairman Andrew Bell bought a 2.39% stake in the Tasmanian exploration tiddler days after the company stated its much improved confidence new strategy. Bell snapped up 23.7m Greatland shares at a bargain basement price of 0.132p per share. While thi

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24 Mar 2016 11:24

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Aquarius Platinum Gets South African Approval For Sibanye Gold Deal

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11 Feb 2016 09:37

BROKER RATINGS SUMMARY: Panmure Gordon Raises DCC To Buy After Update

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9 Feb 2016 11:32

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28 Jan 2016 11:41

Aquarius Platinum Continues To Grapple With Costs And Prices

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11 Jan 2016 16:18

AGM, EGM Calendar - Week Ahead

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5 Jan 2016 08:24

Aquarius Platinum Reports Fatal Accident At Mimosa Mine In Zimbabwe

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30 Nov 2015 10:19

Aquarius Platinum Says "Significant Progress" Made On Sibanye Deal

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27 Oct 2015 09:11

Aquarius Platinum Swings To Loss As Operations Become Unprofitable

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15 Oct 2015 10:21

Zimbabwe threatens to re-impose platinum tax if miners don't process locally

HARARE, Oct 15 (Reuters) - Zimbabwe could re-impose a 15 percent tax on raw platinum ore exports if mining companies do not deliver on pledges to build smelters and refineries to help boost the local economy, the finance minister said on Thursday. The export tax was introduced in January bu

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6 Oct 2015 14:21

Aquarius Platinum rockets on Sibanye Gold offer

(ShareCast News) - Shares in Aquarius Platinum rocketed as investors welcomed news that Sibanye Gold has agreed to buy the company for $294m. Under the terms of the deal, Aquarius shareholders will receive $0.195, or ZAR2.66 per share for Aquarius share held. This represents a premium of 60.3% to Aq

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6 Oct 2015 12:57

UPDATE 2-Sibanye raises platinum gamble with Aquarius deal

* Sibanye offers 2.66 rand per share * Bid at 56 pct premium to Aquarius Monday's closing price * Shares in Aquarius surge more than 40 pct (Adds analyst, CEO comment) By Ed Stoddard JOHANNESBURG, Oct 6 (Reuters) - South Africa's Sibanye Gold has offered $294 million to

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6 Oct 2015 10:12

Sibanye Gold does not plan job cuts after offer to buy Aquarius Platinum

Oct 6 (Reuters) - South Africa's Sibanye Gold has no plans to cut jobs and will keep its dividend policy unchanged after its offer to acquire Aquarius Platinum for $294 million, its chief executive said on Tuesday. Sibanye Chief Executive Neal Froneman told a presentation in Johannesburg t

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6 Oct 2015 09:32

WINNERS & LOSERS SUMMARY: Greggs The Baker Rises On Strong Sales

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